Modelling and simulation are becoming essential for new fields such as synthetic biology. Perhaps the most important aspect of modelling is to follow a clear design methodology that will help to highlight unwanted deficiencies. The use of tools designed to aid the modelling process can be of benefit in many situations. In this paper, the modelling approach called systemic computation (SC) is in...

In finance, there is a constant effort to model future prices of stocks, bonds, and commodities; the ability to predict future behaviour provides important information about the underlying structure of these securities. While it has become common to model a single stock using the Black-Scholes formulation, the modelling of bond prices requires one to simulate the change of interest rates as a f...

We put forward a use-case based approach for SRML – a formal framework that is being defined by the SENSORIA consortium for serviceoriented modelling. We expand on the way SRML contributes to the engineering of software systems and we propose a number of extensions to the UML for supporting that approach. We use a mortgage brokerage scenario for illustrating our approach.

19 In gravity forward modelling, the concept of Rock-Equivalent-Topography (RET) is often used 20 to simplify the computation of gravity implied by rock, water, ice and other topographic 21 masses. In the RET concept topographic masses are compressed (approximated) into 22 equivalent rock, allowing the use of a single constant mass-density value. Many studies 23 acknowledge the approximate char...

We put forward a methodological approach aimed at guiding ontologists in choosing which relations to reify. Our proposal is based on the notions of aggregation, generalization and participation as used in conceptual modelling approaches for database design in order to represent situations that, normally, would require non-binary relations or complex integrity constraints.

FORECASTING OF CAPITALIZATION OF BANKING INSTITUTIONS IN UKRAINE Abstract. In this article peculiarities of existing approaches to the assessment of the bank capitalization are investigated. The advancing tools for mathematical analysis modelling were put forward by authors for predicting of the Ukrainian banks capitalization. The forecast of Ukrainian bank capitalization is given for various c...

We describe how, by modelling plot generation as a Continual Multiagent Planning process, dynamic stories can be generated in which characters not only inteleave perception, action and interaction, but in which also beliefs and motivations may change repeatedly, thus driving the plot forward.

Abstract This report reviews three possible approaches to the assignment of confidence intervals to feed-forward neural networks, namely, bootstrap estimation, maximum likelihood estimation, and Bayesian statistics. The report concludes with a proposal for mixture modelling via Markov Chain Monte Carlo sampling to enable non-Gaussian variances to be modelled without introducing the bias caused ...

This paper presents an approach to approximate the forward and inverse dynamic behaviours of a magnetorheological (MR) damper using evolving radial basis function (RBF) networks. Due to the highly nonlinear characteristics of MR dampers, modelling of MR dampers becomes a very important problem to their applications. In this paper, an alternative representation of the MR damper in terms of evolv...

This commentary considers the positive and negative consequences of early economic modelling and explores potential future directions. Early economic modelling offers device manufacturers an opportunity to assess the potential value of an innovation at an early stage of development. Early modelling can direct resources into potentially viable technologies and reduce inv...